The moves of the Bitfinex whales have been reliable indicators for moves in the price of Bitcoin itself, as explained by this analyst.
Bitcoin has recently shown signs of potential market shifts as key metrics reflect changing investor behavior. This is evident in Bitcoin reserves on spot exchanges, which had been in a steady decline for weeks, now seeing a notable uptick with an inflow exceeding 20,000 BTC, according to CryptoQuant analyst IT Tech.
Corporations are fueling the bitcoin boom, with top 60 public companies amassing 591,368 BTC—Microstrategy dominating the list with an unrivaled 444,262 bitcoins.
Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an "expanded Bitcoin reserve policy."
Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an "expanded Bitcoin reserve policy."
In 2024, Bitcoin experienced an extraordinary rise in popularity on the social media platform X, formerly known as Twitter. According to recent data, mentions of Bitcoin on X increased by 65% year-over-year, with users publishing over 140 million tweets about the cryptocurrency.
Critical support for XRP is present at the 26 EMA, a level that has been holding the ground for the asset. The assets short-term trajectory will probably be determined by the ongoing battle at this price.
Bitcoin might soon face a major correction, but there is hope for a price hike too!
The Bitcoin price has struggled to reclaim previous price highs above $100,000, with bearish sentiment dominating the market. Currently, the Bitcoin price is retesting the support line of an Ascending Channel after crashing below $95,000.
Eric Semler, chairman of Semler Scientific, has predicted that more companies will adopt the bitcoin standard, as not owning bitcoin will be considered “irresponsible.” Semler attributes the slow implementation of bitcoin as a reserve asset in public companies to the conservative approach of some institutions.
The governments of Japan and Russia have ruled out creating national Bitcoin (BTC) reserves in the near future. The post Japan, Russia Rule Out National Bitcoin Reserve ‘For Now' appeared first on Cryptonews.
Bitcoin (BTC) has been on a wild ride lately, surging to $99.8K before taking a sharp dip to $95,484, shedding the gains from the Christmas rally. As the cryptocurrency market heats up, traders and analysts are buzzing with speculation about Bitcoin's future price.
One crypto analyst on X shared on Wednesday an investment thesis that sees the market cap of XRP surging to as much as $1.56 trillion if the token's dominance continues to scale up in the following months.
Mike Belshe, BitGo co-founder and CEO, joins 'Closing Bell Overtime' to talk the outlook for cryptocurrency in 2025.
Bitcoin (BTC) has had a rollercoaster ride over the years, with significant price fluctuations capturing the attention of investors and analysts alike. Recently, Bitcoin saw its price drop to around $96,200, leading many to question what the future holds for the world's leading cryptocurrency.
Crypto exchange Coinbase recorded the highest outflow last week, with 10,756 Bitcoin (BTC) withdrawn in one hour. The total volume was worth approximately $1.1 billion, sparking slight bull signals in the market.
Ethereum had an underwhelming 2024, underperforming against Bitcoin and many top altcoins throughout the year. While BTC soared to new all-time highs, ETH struggled to reclaim its bullish momentum, leaving investors questioning its position in the market.
This week's Crypto Biz explores Bitcoin's landmark year, Crypto.com's new custody service, Russia's partial ban on crypto mining and taxes on staking rewards in the US.
According to Polymarket's latest betting activity, participants are showing a modest 30% confidence in bitcoin (BTC) reaching the $100,000 mark by the end of the year. However, in a twist, another wager on the platform indicates a 21% belief that bitcoin could leap to $150,000 by March 31, 2025.
The founder of investment firm Morgan Creek Capital is identifying what could serve as a huge catalyst for Bitcoin (BTC) and the overall crypto market in 2025.
Bitcoin exchange-traded funds (ETFs) in the United States have experienced a significant recovery, attracting $475 million in inflows, reversing a recent trend of withdrawals. This influx marks a promising rebound for Bitcoin ETFs, following a period of outflows that had seen more than $1.5 billion leave the funds.
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Bitcoin has recently shown impressive resilience despite the expiration of $14.2 billion in options in December 2024. However, a significant correction followed, causing BTC to drop to $93,000!
To qualify, companies need to maintain a minimum of 1,000 BTC in their corporate treasury and satisfy certain market requirements.
Bitcoin‘s potential for a significant upside move in the short term continues to gain traction as a positive price trend emerges on its daily chart. With upward momentum currently building, the much-anticipated next move will put the digital asset back above the pivotal $100,000 mark.
According to several high-profile Bitcoin analysts, the price of BTC may crash to $60,000 in the coming months. Bitcoin's momentum has stalled recently, and its recent major gains may prove fragile.
Cryptocurrency markets are trading down on Friday, with Bitcoin falling below the $95,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,485.63 -1.2% Ethereum (CRYPTO: ETH) $3,358.23 +0.7% Solana (CRYPTO: SOL) $186.67 -1.3% XRP (CRYPTO: XRP) $2.17 +0.5% Dogecoin (CRYPTO: DOGE) $0.3144 +0.1% Shiba Inu (CRYPTO: SHIB) $0.00002185 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 31.6% and daily active addresses falling by 0.04%.
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has made a bold prediction about Bitcoin price. He forecasts that Bitcoin will reach $350,000 by 2025, urging investors to prioritize self-custody over institutional ETFs.
Robert Kiyosaki predicts Bitcoin will hit $350,000 by 2025, citing its 130% growth this year and rising institutional interest. BlackRock's Bitcoin ETF saw a record $188.7M outflow and concerns about price manipulation.
Hemi Labs CEO Jeff Garzik sheds light on Hemi's "proof of proof" security model and his vision for a multi-chain future.
Bitwise CEO Hunter Horsley predicts 2025 will be a significant year for corporate Bitcoin adoption. Bitwise is launching an ETF focused on companies holding over 1,000 BTC, with weightings based on Bitcoin reserves.
Some quick thoughts on the book Debt: The First 5000 Years by David Graeber, and a non-Austrian view of the history of money.
The OI continued to meander sideways over the past week, a strong hint that market participants were sidelined.
As the global race for Bitcoin (CRYPTO: BTC) adoption intensifies, Anthony Pompliano, founder and CEO of Professional Capital Management, has issued a stark warning: if the United States does not prioritize Bitcoin, it risks falling behind as other nations take the lead. What Happened: In an interview with Fox Business on Thursday, Pompliano emphasized that various countries are already actively mining, buying and holding Bitcoin, and that the U.S. needs to get in the game to remain competitive in the global digital economy.
Bitcoin, clocking in at $94,504 with a market cap of $1.87 trillion, witnessed a 24-hour trading session of around $53 billion, bouncing between $93,368 and $97,133 over the past day.
The National Bank of Cambodia (NBC) is now allowing commercial banks and payment institutions to use certain “Class 1” assets like stablecoins, especially those backed by substantial fiat assets. However, the country has still banned Bitcoin.
The altcoin season could be closer than ever, as the Bitcoin Dominance has entered a historically favorable phase for alternative digital assets. According to a crypto analyst, the altcoin season has officially entered the 140-day Golden Window, a period marked by significant growth for altcoins.
Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
As the Bitcoin price displays sluggish price action for over a week and the popular altcoins also follow the same trend, other cryptos are gaining traction. Bitget wallet, formerly known as BitKeep, is one of the world's largest non-custodial multi-chain crypto wallets.
Within the past month, the South Korean parliament has impeached its president and will soon do the same to its prime minister.
Bitcoin's Kimchi Premium is on fire, hitting levels not seen in months. This metric, tracking the price gap between Bitcoin on South Korea's Upbit exchange and Coinbase, has jumped to 3-5%, according to data from CryptoQuant.
Energy management platform KULR Technology is debuting its Bitcoin (BTC) treasury strategy with the acquisition of $21 million worth of the flagship crypto asset. In a new statement, the company says it bought 217.18 BTC at an average price of $96,556.53 per Bitcoin. The asset is currently trading for $95,737.
Bitcoin is on the brink of experiencing its largest options expiry in history, with a staggering $15 billion worth of options set to expire tomorrow. This significant event has caught the attention of traders, analysts, and market participants, as the outcome could have a profound impact on Bitcoin's price and market dynamics in the short term.
Robert Kiyosaki, the Rich Dad Poor Dad author recently took to X and noted Larry Fink dumping Bitcoin. He also noted that Vivek Ramaswamy criticised Fink and BlackRock, calling them “Shareholder Capitalists” and likening them to Marxists, similar to Klaus Schwab's philosophy of “owning nothing and being happy.” Larry Fink dumping Bitcoin.
Saylor is convinced that bitcoin is capital, not currency, and would like to see the whole world adopt the U.S. dollar as money instead.
Bitcoin (CRYPTO: BTC) is trading down 1.6% to $94,300 on Friday as the crypto community awaits the return of more liquid trading sessions at the start of 2025. What Happened: With Bitcoin prices dropping, crypto trader Altcoin Sherpa predicts “some weird price action” over the upcoming few weeks ,"with despair followed by an absolute moon mission and killer alt season.
Bitcoin has found itself in a challenging position, struggling to reclaim the coveted $100,000 mark after a rapid shift in market sentiment. Just weeks ago, optimism dominated the landscape, with prices surging toward new heights.
Founder of Cardone Capital Grant Cardone believes President-elect Donald Trump will promote Bitcoin as a vital tool for preserving US global dominance.